BitBoy presents two distinctive features. First, it is stateless, which helps protect the device from losing funds. And second, it uses a QR code-based, air-gapped feature to help keep it safe from hacks.

Welch expressed his concerns over the unexplored risk factors involved with browser extensions. As he noted, they can collect large amounts of data, which, in turn, can be used by scammers, primarily via KYC verification procedures involved with some add-ons.

“It’s terrifying. We all are using browser extensions all the time,” Welch noted.

Square To Donate Money To BTCPay Foundation

The Square-backed division expressed their support for the BTCPay Server, an open-source cryptocurrency payment processor. As the company noted, BTCPay can build anything “long as it’s free and open-source software.” It also said that BTCPay improves the security, privacy, user experience, and fungibility of Bitcoin.”

“BTCPay represents everything we love about open-source bitcoin projects. It exemplifies the ideals of our community, and promotes adoption by letting merchants accept bitcoin, control their private keys and self-validate their coins. It also creates powerful, real-world applications for bitcoin without sacrificing user experience or requiring trusted third parties,” Square Crypto wrote in a blog post.